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obama. once again obama is pushing for higher taxes. don't take our word for it. listen to what he said last night just before the sboel. >> there is a way to solve the budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do there is no reason we can't have strong growth in 2013. we can't b have washington dysfunction getting in the way. >> with all respect, free market capitalism is the best path to prosperi prosperity. more tax hikes will not hurt this economy. let's not push our luck. republicans will block it. we'll be right back. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. >>> stock market correction today. i still believe rising profits and an easy fed will keep the bull market going -- at least until the president tax bombs us to death again. that's what obama said before the super bowl yesterday which could be the real reaso
tax rates anyway by nearly 25%. what it triggered was falling inflation, falling interest rates and the strongest economic expansion in 30 years. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ no they don't. hey son. have fun tonight. ♪ ♪ back against the wall ♪ ain't nothin to me ♪ ain't nothin to me [ crowd murmurs ] hey! ♪ [ howls ] ♪ >>> global stock market still on a tear. did you know almost 20 world indexes traded at new multi year highs this year already? did you know japan, the hottest of the hot up 3.8% just today? cnbc's seema mody joins us. >> we have seen a revival in global equities. better than expected earnings. easy money from the fed and decent economic data brought fresh money to equitieequities. the s&p 500 and nasdaq trade at new highs. the ral d
cuts and tax reforms. >> a smaller package. because you can't get a deal done in time? so of course, it's not the first time washington has kicked the can down the road. we know that. remember when we first heard about sequester, that bizarre word that is now part of the lexicon? it was august 2011 and the word sequester came out of the failed deal on the debt ceiling. then came the fiscal cliff, that was the next chance to prevent all of the cuts. washington punted, they said hey, three more months, we'll solve it then. nope. now three months is coming so guess what? they will punt again. you know what, thinking about it today, it reminded me a lot about this. ♪ put your little hand in mine ♪ put your little hand in mine ♪ put your little hand in mine ♪ there ain't no hill or mountain we can't climb ♪ >> that of course was "groundhog day." at least they had a good song. we have to listen to the terrible voices of people in washington. "outfront," michael waldman president of the brennan center from nyu school of law, and michael medved, conservative commentator for salem radi
body was buried there. >>steve: straight head, he vowed not to raise taxes and his state is thriving. now louisiana governor jindal says he wants to share his tips with our present. brian's exclusive interview with that man interview with that man next. [ woman ] ring. ring. progresso. i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. everyone tells a little white lie now and then. but now she wants my recipe [ clears his throat ] [ softly ] she's right behind me isn't she? [ male announcer ] progresso. you gotta taste this soup. fox our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with our free usaa retirement guide. call 877-242-usaa. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets bra
to say about this was prove it. >> the doctor better make sure his taxes are paid up. that was the longest 43 seconds obama has endured since the skeet shooting opportunity, but the doctor, a complete and absolute moron. can you take a pediatric neuro surgeon seriously? what does he he know? he operates on the brains of babies. i would rather take advice from solandra fluck. she has so much more life experience than this pediatric neuro surgeon, somebody that operates on babies. >> is that tongue-in-cheek? >> i was being ironic. this guy knows what he's talking about. you should listen to him, not someone who is on the planet for 31 years fighting for free pills. >> you're a fan of dr. benjamin carson. mr. boling. >> first of all, it takes a lot of guts to stand up in front of a room as i did this week and dana helped me out with this. >> she was your coach. >> she was awesome with it. to do it and take down the president of the united states sitting, you know, five feet away, man, that guy has a lot of guts. his ideas are right. i agree it's not that hard. it's not t
will get back to you if there are more details. the fbi is promising that in the next few hours. >> tax hike to high income earners. he may be going to the well again. the president insists he needs more money to reduce the deficit and will likely focus on a familiar target. white house correspondent wendell goaler tells us how that is going over. >> as the president headed to minnesota to talk about gun violence, republicans on capitol hill tried to keep the nation's attention on fiscal matters. >> we are having trouble in large part because spending is a problem. it is what is chasing jobs overseas and causing much anxiety about our future. >> sunday in a presuper bowl interview with cbs's scott kelly mr. obama said this year's tax changes shouldn't be the last. >> there is no doubt we need additional revenue coupled with smart spending reductions in order to bring down the deficit. he is not talking raising rates but closing loopholes especially those making money from investment pay a lower tax rate than income salaried or hourly wage earn ers. >> the average person doesn't have acc
and higher taxes with offset deficit increases long-term says the cbo. over and over again this report talks about those short-term budget decisions on the horizon including march 1st, the automatic spending reductions, sequester. what does congress and the white house do about the expiring continuing resolution in late march, funding for the operations of government and, divorce, the next round of the debt limit debate due to happen in may. tyler. >> hampton, thank you very much. now to john harwood at the white house. we will get specifics, i gather, on what the president wants from a short-term budget deal. any hints? >> we're not going to get specifics, at least that's the guidance i've gotten from the white house official, tyler. what the president is going to do, relates to the march 1 deadline hampton just mentioned, propose to put off that budget sequester, indiscriminate budget cuts affecting definite and nondefense programs for at least several months. that would require tens of billions of dollars. the overall sequester is a trillion dollars over 10 years. that means if you get ab
? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> it hasn't sunk in yet. crazy. unbelievable. tough to put into words because it just really hasn't sunk in yet. i don't even think it's sunk in that we're here, let alone won the thing, so pretty cool. >> the way that game played out when it was 28-6 and the lights went out and whatever happened, i just knew with jim harbaugh being on the other sideline and all those years that we've been together, that that game was going to be a dogfight right to the end. that those guys were coming back. >> i just try to let my teammates at this moment know what we feel like. and last night when i had the conversation with them, you know, that just came directly from my heart to tell them what this feeling would feel like and what god has showed me and for us
years running. visit texas. wide open for business.com and see why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to texas. >>gretchen: that's smart. that's really, really smart marketing. first of all, a lot of companies have moved to texas. no state income tax, among other things. although the governor of california, jerry brown, tried to blow it off. not that big of a deal. watch this. >> $26,000 and the smallest entry into the media market of california. should i liken it to when you sand in the ocean? no. it's a big nothing. >>steve: when he was walking off apparently, he said this -- quote -- "it's not a serious story, guys. it's not a burp. it's barely a -- and then he used a word we don't use in our house." >>gretchen: come on. that's on my kids' star sheet every day. if you don't fart, you get a star. >>brian: parents have a responsibility on making the diet a -- >>gretchen: no. >>brian: if i was governor brown, i would use that as leverage to get taxes down, to pressure lawmakers to say look what texas is doing. busine
's they will undermine everything you do right away. it hurts the economy. remember these guys aren't paying taxes or investing in people or investing in the next iphone, they are not trying to put the super bowl on, they are criminals. when you buy something from these people your money is going to organized criminals overseas. dagen: how do you drive that message come from nfl fans? if i want to stick jersey, nike wasn't making one, i am going to go out and find it some way somehow? >> that is a great question. we work with licensees to make sure there's merchandize the fans want that are available for them at every price point. so that they are not tempted to go out and buy something from a counterfeiter. we work hard with licensees and local businesses in new orleans and elsewhere to make sure we can meet the demands. dagen: designed it to go to the game since he is in frugal in this crackdown on counterfeiters? did you get him a ticket? >> we would love to have him. dagen: i would buy a plane ticket and 5 were you. john morton and anastasia daniels on the crackdown nfl merchandise or counterf
, economic growth, sequester, higher taxes. but kimberly, if you look to 2013, it shoots back up. how can the president hold a press conference when he talks about cuts using the word smaller. >> there's so much shrinkage. the problem is the middle class is the working poor. that's what's the norm. people are so used to it now they don't realize it should be fixed. we could focus on cutting back on spending, thinking about how to stimulate jobs and the economy. we're so used to the stagnation, it's become acceptable and people aren't critical enough to say there's a better way to do this and a smarter financial way to make sense. >> is this the new normal? before we get to that, the white house scrambled after the cbo announcement to cobble the press conference together. what did you think? >> one of the things, if ear going to call press conferences, he has to take questions. if he goes to the white house briefing room, reporters should demand access and ability to probe and ask questions. i don't understand how that keeps heaping. the econstituency was interesting. this morning early on
and said, we've got to raise taxes and the answer every single time and keep taking more of the americans money without holding yourself accountable and that's what we've said. for the last 16 months we've tried and tried and passed two measures to try to replace the sequester to go about managing the deficit whittling down the entitlement programs so we can save them. instead here we are again and the president says no, we've got to raise taxes. and the same strategy vilify the rich and i suppose don't raise the taxes on the rich and people are happy to do that and that the republicans want to cut programs that try, why would anyone who is in these programs or thinks he might have this program why would that ever be appealing to go the republican way. >> and first of all, we understand that the president is not led on this issue and there's no response whatsoever, and just raising taxes and to say that you can tax the rich and get rid of the problem it's fictional. and i believe we're for fiscal discipline, managing down the debt and deficit for a reason because we don't want a debt cris
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a tax? stu varney with what's wrong behind that record-breaking tax hike? he joins us live in studio e. e. good morning, stu. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. because the portions were much larger. and i just felt like i needed to eat it all because it was so yummy. weight watchers online worked for me because it lets me live my life. i can still go out with my friends. i can still enjoy my favorite foods and drinks. it's just a smarter way of eating. i lost 40 lbs. wow it's amazing. my most favorite part of my new body is my bottom. [ laughs ] [ hudson ] weight watchers online. the power of weight watchers completely online. join for free today. >> you remember when president obama said t
are definitely looking down the road to immigrations, taxation issues. they will make a deal on the tax issue. heaven knows on the sequester. we may have the opposite happen. you may get more gummed up. we may get the wheels greased better. i know i'm an optimist on this issue. >> somebody has to be. >> you see eric cantor making that speech. they are finally coming around, scratching their heads, getting ready for 2016, thinking, how do we -- >> how do we get back. >> there is a big investigation at the oldest bank in europe. that's in etly. regulators for italian banks when this mess happen said mario draghi. even though there is no evidence he was involved in this, his name is getting dragged in. and in spain, calling on him to resign, a big reformist. so guys who are really important in europe are getting dragged into scandals. >> very quickly. >> don't forget, they are looking to berly scony. stand in one space long enough in italy and will prime minister will come back again and shake your hand. >> thank you very much. ty, over to you. >> thanks, folks. a big sign of confidence is when
with the antigovernment, anti-tax, anti-everything. they were willing to get in bed with him at certain points. and now they're paying for it. and karl is trying to unwind what he's wound. >> he's like a track tout. i used to go and after the races were over, they would show you who they'd recommend you'd bet on. it was always the winners that pass out the free picks. i would have bet on this guy. that's rove out there saying i would have had all of these winners picked, we would have won all of these general elections and now everybody realizes we're going to go over it in a minute. but your thoughts? >> now, i toe ttally agree with howard. your analogy there. the problem for karl is we have all the betting slips. his two organizations, american cross roads and cross roads gps had a 1% and a 14% success rate. that is not a good track record. it doesn't august auger well. this guy, basically, built donors out of more than $200 million and got no return on investment and now he's coming back and saying oh, i can fix the party. good luck with that. >> let's take a look here. you're dead right there. in c
. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> welcome back, everybody. we have ryan lisa, charles blow, and nan hey worth. >>> a busy day of corporate earnings reports. futures up today, and the dow within shouting distance of its all-time high. it needs to add 219 points for a new record. just in to cnn, home depot hiring big this year. it says it will hire 80,000 seasonal workers in anticipation of a busy spring season. peak time for home improvement shopping 10,000 more jobs than they hired last year. rival lowe's will hire 45,000 seasonal workers. like the holiday season for home improvement folks. they hope more remodeling in this summer. >> when does show up? >> it will pop at the end of the month. >> can they be in the paint sec
. in the meantime he wants a short-term fix of spending cuts and tax revenue. republicans, of course, are not happy with this strategy. one senator saying that the president needs to get serious about this pointing out that americans don't want anymore tax increases. >> it's a huge issue. dan lothian at the white house. thank you. >>> also at the white house today the president has been meeting with labor and business leaders to push his plans for comprehensive immigration reform. later this hour i'll speak with one of the people who are inside that meeting with the president, the goldman sachs ceo, lloyd blackfine. he'll be in "the situation room." we'll hear from a rising star, san antonio mayor, julio castro who came to discuss fixing immigration. all of that coming up. at the same time, the president was speaking to reporters at the white house. the republicans number two man in the house of representatives was in the middle of his speech debuting the republican party new message to voters. eric cantor gave our chief congressional correspondent dana bash a preview. listen to this. >> there's a
and pumped billions of tax dollars into solar energy. today the future looks dim as investments in green energy are beginning to dry up. >>steve: as the subsidies dry up, so does the business. because? >> there's tons of jobs and the entire industry is relying upon these billions of dollars, and we know where those billions have gotten up. according to my research, .1% of the grid comes from solar power. you think about the money that's gone in, billions, and the output. almost nothing; right? now wall street -- this is a big business issue, and what everybody is talking about is what's going to happen with the shraor industry? -- going to happen with the solar industry? what is going to happen with those jobs he said would be created and clearly the country needs jobs. >>gretchen: if we look at subsidized solar companies. unfortunately, there are a lot of them. >> this is not a good track record here. we know what the checkered past has been for president obama and his statements about the solar industry and what the subsidies are providing. the one thing i want to make mention, subsidi
it admiringly, he is about winning, not about policies, he believes the tax rate should be whatever it is in the tax rate in the campaign. he is getting attacked by the tea party side. he is trying to attack the so-called reasonable republicans against the nuts, rove was just attacking hannity, listen to this. >> the group that went out with the e-mails and fundraising entities, they get into the pocket of the person who owns the website or the political action committee. i am a volunteer, i don't take a dime from crossroads. >> richard, this is the fascinating current civil war in republican world, rove versus the tea party. >> i think he has done pretty well being a political consultant. i am going to be skeptical, even if he was sitting in what looked like the lobby of the holiday inn, this is a fascinating debate. this is what a party looks like when it has gone to an extreme, people recognize it does not work and they're trying to attack back. for the president, the white house and democrats, in general, that offers up a whole range of opportunities that didn't exist before. wh
to but will tax hikes and consumer caution spoil the party? we're going to have that story coming up. ashley: all right. but first as we say the dow hitting 14,000 for example the first time since october 2007. let's go straight to the floor of the new york stock exchange. nicole petallides. what a day. >> that's right, indeed. obviously today is such a milestone for all the bulls out there, with all are the folks so frustrated during the financial crisis when we saw the dow at 6500. here it is at 14,012. these are session highs we're hovering right now, tracy and ashley. we're seeing a gain of over 1% on each of the major averages. the tech-heavy nasdaq the best of the bunch up 1.%. we obviously got in the jobs report today that helped things along. while the current month was not as good as expected we saw november and december revisions helping things along. the other thing that contributed to our run up, not only are we see momentum that the dollar is lower and multinationals always do well when the dollar pulls back. that is something we're watching closely as well. traders continue to watch
against tax increases and all the rest of it, if you are a major political party, dick luger is a first round draft pick for you. he is the kind of guy you want in the senate seat. you want him in the senate seat because he does a very important thing, he does not lose senate elections. but in 2012, something really unexpected happened. and dick luger lost the seat. but he didn't lose it to a democrat. he lost in a primary to this guy. >> i think even when life begins in that horrible situation of rape, that it is something that got intended to happen. >> that is richard mourdock, the tea party anti-establishment candidate. he had endorsements from americans for prosperity, the national right to life association, he is the republican who knocked dick luger out in the primary, and also lost the 2012 senate race in indiana. he is part of why despite the democrats defending the seat, increased their majority by two seats. over the past couple of things this kind of thing happened to republicans an awful lot. the establishment has been getting routed by the tea party. and many have not foug
the crisis of this oil spill to try to promote his energy tax. and i've had numerous people all over the district question whether his poor response to this oil spill was purposeful so that he could promote his energy tax. i don't know. >> i don't know. maybe he is just letting that oil spill for political purposes, because he is a nazi and a marxist. who could know? the same congressman decided during the state of the union address in 2011 that he would not attend the speech in congress, but rather he would troll the speech on twitter. quote, you don't believe in the constitution, mr. president. you believe in socialism. that's what he was tweeting during the state of the union. he has declared nancy pelosi a domestic enemy against whom he is sworn to protect the nation. he has said that president obama is part of a socialistic elite planning to declare martial law. and he has said that the president may use the excuse of a flu pandemic to declare a martial law. he said, quote, we've seen that historically. guess how this gentleman feels about health reform? >> folks, this is obama
is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been profitable since we've been breaking it out. >> share
. get a little pullback and ought to buy that. looking at the biggest tax hike we've seen since 1937 and gasoline prices at the highest level this time of year ever. we've got a lot of issues and everybody on this program keeps saying that spain is getting better. it is not getting better. every -- every metric you can look at in spain is getting worse, whether it's unemployment, whether it's retail sales, whether it's gdp, so this year we're going to see disruptions and a lot of volatility. i am bullish, but market is way too complacent, and we could see bigger air pockets than we're expecting. >> i couldn't agree more with that. i think the headline risk is going to come back into the market, and that is what's going -- that's the biggest danger to this rally which is definitely tone. >> so what do you think -- >> maria, the other thing, you could -- and the other thing missing is growth. can you talk about apple transitioning from a growth story to a value story, and that's all fine and good. most of the arguments for stocks right now are about valuations, book values, dividends,
these with more targeted cuts and tax hikes support goes up only 3 points. opposition goes up 12 points. larry, i think what's happening here is most americans realize that this is not the huge issue that some in washington are making it out to be. 58% know no spending cuts just really a reduction in growth. >> well, i think that's right, actually. they're pretty smart. scott, i know you polled on the size of government and spending for a long time. but just going through your web site today, 68%, 68% believe cutting spending is the best way to help the economy. now, that runs so counter to what both democrats and republicans in washington say. i'm the only guy that argues that. i learned it from milton freedman. lower spending, limit government, you'll help the economy. you're saying two-thirds of the public understands that. >> that's right. and this is something that whether it was in the clinton years or bush years or now the obama years, our polling consistently find people think if you cut government spending it's good for the economy. they haven't had anybody in washington articulating tha
deadline. he provided no details about the tens of billions of dollars in spending cuts and tax adjustments that he wants congress to pass quickly. more specifics could come when he delivers his state of the union address next tuesday." with nearly $1 trillion of domestic and defense spending hanging in the balance, the president says the impacts are already being felt. >> they're never -- there are never -- >> we're not going to run it. okay, go ahead. >> -- there are never specific spending cuts. democrats never provide specific spending cuts. democrats -- alex, i'm just curious, how long has it been since democrats have passed a budget in the senate? watch this. watch this. >> 1,379 days. >> where's the full screen? i thought we had a full screen. >> since before the ipad. >> since before the ipad, exactly. no labels, nonpartisan group, of course, has this no -- >> no budget, no pay, which was signed into law by the president yesterday, for this particular bridge on the debt ceiling, but we need to apply it to the broader budget and appropriations process. >> and the thing is, it's just
to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. i'm here to pick up some cacti. it should be under stephens. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... managing wireless costs and technology and more time driving your business potential
. to succeed, republicans must remain united under one demand: cuts with no taxes, or we'll let the sequester go into effect. the morning after they should sit down with obama for negotiations on real tax reform as recommended by the president's own simpson-bowles commission. broaden the base, lower the rates." and it was one of the things that secretary panetta was talking about, richard, the impact, he said if this goes into effect, it won't be short term, and the ramifications would be deep, steep and devastating. is that a fair assessment, that it would be very hard to turn this around quickly? >> if you have to do all the sequester in a hurry, then yes, it's a real problem because it doesn't let the pentagon begin to plan and distribute, if you will, the cuts. but at the end of the day, whether it's defense spending, education spending, health spending, what always matters more than how much you spend is how you spend it. and so i'm not, at the end of the day, all that worried about how much we spend, whether it's on defense or anything else. you just want to have the time to make some i
Search Results 0 to 49 of about 122 (some duplicates have been removed)